What is DA Davidson’s Forecast for DKS FY2027 Earnings?

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at DA Davidson lifted their FY2027 earnings per share (EPS) estimates for DICK’S Sporting Goods in a note issued to investors on Wednesday, November 26th. DA Davidson analyst M. Baker now expects that the sporting goods retailer will earn $16.29 per share for the year, up from their prior forecast of $16.02. DA Davidson has a “Buy” rating and a $245.00 price objective on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Tuesday, November 25th. The sporting goods retailer reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.62 by $0.16. The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.45 billion. DICK’S Sporting Goods had a return on equity of 36.54% and a net margin of 8.52%.The company’s quarterly revenue was up 36.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.75 EPS. DICK’S Sporting Goods has set its FY 2025 guidance at 14.250-14.550 EPS.

Other equities analysts have also issued research reports about the stock. BNP Paribas Exane started coverage on shares of DICK’S Sporting Goods in a research report on Friday, September 26th. They set an “underperform” rating and a $177.00 price objective for the company. Robert W. Baird set a $226.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday. Cowen restated a “hold” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. Telsey Advisory Group cut their price objective on DICK’S Sporting Goods from $255.00 to $245.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, TD Cowen reduced their price objective on DICK’S Sporting Goods from $234.00 to $226.00 and set a “hold” rating for the company in a research note on Wednesday. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $235.29.

DICK’S Sporting Goods Price Performance

NYSE:DKS opened at $207.34 on Thursday. The company has a quick ratio of 0.55, a current ratio of 1.70 and a debt-to-equity ratio of 0.44. The business’s 50-day moving average price is $221.56 and its 200 day moving average price is $209.74. DICK’S Sporting Goods has a 52-week low of $166.37 and a 52-week high of $254.60. The firm has a market cap of $16.61 billion, a P/E ratio of 14.48, a PEG ratio of 3.23 and a beta of 1.05.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC lifted its stake in DICK’S Sporting Goods by 0.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 415,091 shares of the sporting goods retailer’s stock worth $92,241,000 after acquiring an additional 2,212 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of DICK’S Sporting Goods in the third quarter worth approximately $533,000. WBI Investments LLC lifted its position in shares of DICK’S Sporting Goods by 19.1% in the third quarter. WBI Investments LLC now owns 5,865 shares of the sporting goods retailer’s stock worth $1,303,000 after purchasing an additional 940 shares in the last quarter. Old North State Trust LLC boosted its holdings in shares of DICK’S Sporting Goods by 22.9% during the third quarter. Old North State Trust LLC now owns 1,740 shares of the sporting goods retailer’s stock worth $387,000 after purchasing an additional 324 shares during the period. Finally, Captrust Financial Advisors grew its position in DICK’S Sporting Goods by 20.3% during the third quarter. Captrust Financial Advisors now owns 8,408 shares of the sporting goods retailer’s stock valued at $1,868,000 after purchasing an additional 1,417 shares in the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Insider Transactions at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, CEO Lauren R. Hobart sold 20,083 shares of the business’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $220.69, for a total transaction of $4,432,117.27. Following the sale, the chief executive officer directly owned 299,990 shares of the company’s stock, valued at $66,204,793.10. The trade was a 6.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 32.55% of the stock is currently owned by company insiders.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 12th will be given a dividend of $1.2125 per share. This represents a $4.85 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, December 12th. DICK’S Sporting Goods’s payout ratio is presently 39.02%.

DICK’S Sporting Goods Company Profile

DICK’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.